Steve Eisman Quotes

I think bitcoin and other cryptocurrencies are great ideas. They should be allowed to be traded freely and used freely to find their appropriate role in the economy.

If the cryptocurrency market overall or a digital asset is solving a problem, it's going to drive some value.

Just as it got easier to use email, it will be easier to use Bitcoin as people invest in it and become more familiar with it.

I believe Bitcoin is a very convenient way to shop and to transfer money to any account around the world. Governments should work around a framework for the currency instead of putting restrictions on it.

In the aftermath of the oh-so-predictable crash, the Bitcoin fanatics have begun marshaling out excuse after excuse for why this non-investment investment lost so much of its value so fast. One was that hackers attacked some of the exchanges for Bitcoins and crippled it. Really? A hacker can wreck an entire market?

At its core, bitcoin is a smart currency designed by very forward-thinking engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions... all good things.

Bitcoin woke us all up to a new way to pay, and culturally, I think a much larger percentage of us have become accustomed to the idea that money no longer comes with the friction it once had.

Bitcoin is a bank in cyberspace, run by incorruptible software, offereing a global, affordable, simple an dsecure savings account to billions of people that don't have the option or desire to run their own hedge fund.

The narrative behind bitcoin has been dominated by bad behavior. The reality is bitcoin is filled with tons of talented developers building infrastructure.

Just as the Internet brought the cost of disseminating information down by an order of magnitude, bitcoin brings the cost of transferring ownership down by an order of magnitude.

If you like gold, there are many reasons you should like Bitcoin.

Bitcoin's revolution: an impossible-to-counterfeit digital store of value that can be used as money, that has no sovereign, or central bank involved, that can be sent anywhere instantly at virtually no cost, is irresistible. Anyone who uses it is converted.

After PayPal, I never thought I would get interested in payments again. But bitcoin is fulfilling PayPal's original vision to create 'the new world currency.'

Our basic thesis for bitcoin is that it is better than gold.

Bitcoin may herald the dawning of a new age in currency. It holds superior traits as a form of 'good money.' As a tangible form of asset (its core tangibility being its mathematical basis), it could become an incredibly important building block for the 21st century's global economy.

Bitcoin frees people from trying to operate in a modern market economy.

Bitcoin is very ideologically fulfilling, it's my form of political activism, but it's also a huge business opportunity.

Price is the least interesting thing about bitcoin.

Bitcoin as an asset class is brilliant, as a means of payment, fantastic.

The number of industries, communities, habits, traditions, and even interpersonal interactions that Bitcoin has the potential to revolutionize is massive.

I am really surprised bitcoin isn't more popular in India, given the strong gold culture here. I call it Gold 2.0. It has all the attributes other than the fact that it isn't tangible, and tangibility is less important in the digital age.

If bitcoin is more expensive or slower than traditional financial systems, people aren't going to use it.

My belief is that the vast majority of people using digital currency today are not seeking to evade taxes. They are simply investors seeking returns and people interested in a nascent new technology.

Bitcoin is inherently international, and one of its great promises is it enables cross-border payments in a more efficient way.

Bitcoin's value is the same: It will remain as long as it is the most efficient mechanism for transferring ownership.